Geopolitical tensions between Iran and Israel escalate, causing market fluctuations
From Investing.com: 2025-06-23 02:58:00
Geopolitical tensions between Iran and Israel continue to escalate, with Iran launching missiles towards Israel and Israel responding with strikes on Iranian military and nuclear sites. The market has priced in the conflict, leading to fluctuations in equity indices throughout the week. President Trump’s indication of a possible US intervention adds uncertainty. The SNB cut rates to 0%, reflecting concerns over a slowing economy. The saw a comeback due to overcrowded dollar selling positions. In the week ahead, watch for inflation reports from Australia and Japan, as well as US GDP and Canadian CPI data. Central bank heads will also be making speeches throughout the week. Stay informed on Middle East developments to avoid volatility spikes.
Read more at Investing.com: Markets Outlook: US PCE, GDP, Canadian CPI, Speeches From Central Banks’ Heads